Santo Domingo.- Barrick Gold Corp. on Friday said the shipping manifest filed with the Customs Agency on the six tanks retained for nearly a month are in fact, limestone originally from Portugal worth only 50 dollars.
But Customs technicians said the cargo was shipped from the mine at Pueblo Viejo, Cotuí, a week after Barrick Gold and the Government signed the new agreement
An elnacional.com.do sources revealed that the mining company sought to ship the cargo to Canada, this time with a courier not the usual commercial carrier.
It said the company roused suspicions when it transported the six tanks to Punta Caucedo freight terminal’s Warehouse 10, instead of the customary Warehouse 3.
Another attitude which the source says spurred suspicion is that the company at no time demanded that Customs return the tanks which allegedly contain limestone.
They said the shipment would’ve been sent one week after signing the new contract, "the company still used tricks in the extraction of gold and silver, seeking to circumvent the payment of taxes."
Barrick Gold reportedly set the value of the limestone at 50 dollars, even though a shipping company would’ve charged more than $7,000 to ship it to Canada.
Barrick Gold set the value of the limestone at 50 dollars from Portugal?
The shipping company would’ve charged more than $7,000 to ship it to Canada.?
The limestone was coming directly from Pueblo Viejo mine?
Something smells very funny there..
Just the manner of declaring the commodity worth $50 is a slap in the face.
Barricks actions moving the limestone originating from Portugal, subsequently arriving in the RD, and then manifiested to Canada is a de facto declaration of a special utility which adds value to the product.
¿ Is it worth the expense to ship ? Barrick thinks so.
Note: Gold is found in limestone deposits. Could it be the limestone was sent to Barrick in the RD for analysis ?
The actions by Barrick It do not pass the smell test.
Barrick's share holders have not gotten a whiff of it yet.
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